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Pattrick says central banks everywhere have overshot their response to Covid resulting in higher-than-anticipated and swiftly-deflating asset prices.
He tells Kathryn there is a fragile consensus among bank economists that if there's a recession, it is likely to be short and shallow.
And new research from Kantar has found that, despite a duopoly, New Zealand supermarkets still score highly for reputation.
Pattrick Smellie is the editor and co-founder of BusinessDesk and has reported on the New Zealand economy and business since 1983.
